A Step-by-Step-Guide on how to buy CoTrader (COT) in Anguilla
Step 1 – Signup to Coinmama In the beginning you'll need to buy units of the bigger coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below for registration and to get your Ethereum or Bitcoin.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. CoTrader (COT) is available on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this guide) Make sure you have selected the exact coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).
Step 3 – Locate CoTrader (COT) Once your deposit has been affirmed, you'll immediately have access to your funds and you can start invest and trading. To buy CoTrader (COT) on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”. In order to spot CoTrader (COT), you will need to insert the cointype (COT) into the search box, which is marked in the graphic. Make sure you have choosen the correct pairing, we've marked this also. Click on “COT/BTC” to continue.
Step 4 – Buy CoTrader (COT) As soon as you have spotted CoTrader (COT), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). And now we're going to make our own Limit Order. The ”Price” field will be filled with the most recent price CoTrader (COT) was traded for. You can change this to your favoured rate. The ”Amount” field is the quantity of COT you wish to buy. The field with the “Total” tag is the total price in BTC that you'll pay for the whole volumen of COT. When you are happy, make a mouse click on “Buy COT”. Your plan will be filled as soon as a Vendor trades their COT for the price you submitted.
Step 5 – Withdraw CoTrader (COT) Unless you are frequently trading, best advise is not to keep your coins on an Exchange for an extensive time period. To take off your CoTrader (COT), hover over the tab called “Funds” and mouse click on “Withdraw”. CoTrader (COT) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find CoTrader (COT) by using the provided drop-down box. Enter the volumen of CoTrader (COT) you would like to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. If you're happy, click “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.
Kudos! You've successfully bought and safed CoTrader (COT) in Anguilla.That's it! Take offs from Cryptocurrency Exchange can take between 1 – 30 minutes (rely on usage of the network). Once you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the CoTrader (COT) is safe within your wallet, you're finished.
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